A Company That Enters a Foreign Market by Entering into a Licensing

question 55

Multiple Choice

A company that enters a foreign market by entering into a licensing agreement with a local company

• A) will realize location economies.
• B) must engage in global strategic coordination.
• C) will realize experience curve effects.
• D) risks losing control over its technology to the venture partner.
• E) must engage in global strategic coordination and will realize experience curve effects.

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Definitions:

Hand Hygiene

The practice of washing hands with soap and water or using an alcohol-based hand sanitizer to prevent the spread of infectious agents.

Direct Transmission

The immediate transfer of disease-causing agents to a susceptible host through physical contact or through droplet spread directly from the source to the host.

Spreads An Infection

The process by which an infectious agent is transmitted from person to person or from an environmental source to a susceptible host, leading to the establishment of an infection.

Escherichia Coli

A common bacterium found in the intestines of humans and animals, some strains of which can cause food poisoning.